Using your own words and complete sentences, provide an interpretation of Figure 5 in the Wilen reading (2006, p

Using your own words and complete sentences, provide an interpretation of Figure 5 in the Wilen reading (2006, p. 541). Draw on relevant economic theory and the content of the article in developing your interpretation.

Instructions

• Write and submit your response on your own. Unlike the regular homework, this is not an (optionally) collaborative assignment.
• Responses should be no more than one page in length. They should be long enough to answer the question posed adequately. Acceptable reading responses are usually at least 1/2 page (single spaced, 12 pt font, or the hand writing equivalent).
• Use your own words and write in complete sentences. Do not copy from the authors' writing without attribution, paraphrase without attribution, or include overly-long or unnecessary quotes to fill space.
• Cite specific evidence from the reading to support your conclusions.